Lytus Technologies Holdings PTV. (LYT) Stock Price, News & Analysis

Company Overview

Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.

Key Stats

• Today's Range: $0.94 to $3.20
• 50-Day Range: $1.01 to $2.32
• 52-Week Range: $0.94 to $18.62
• Volume: 54.85 million shs
• Average Volume: 838,275 shs
• Market Capitalization: $1.96 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Lytus Technologies Holdings PTV. Stock Analysis - MarketRank™

Lytus Technologies Holdings PTV. scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Lytus Technologies Holdings PTV..

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Lytus Technologies Holdings PTV. has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.91% of the float of Lytus Technologies Holdings PTV. has been sold short.

Short Interest Ratio / Days to Cover

Lytus Technologies Holdings PTV. has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lytus Technologies Holdings PTV. has recently increased by 39.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lytus Technologies Holdings PTV. does not currently pay a dividend.

Dividend Growth

Lytus Technologies Holdings PTV. does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.91% of the float of Lytus Technologies Holdings PTV. has been sold short.

Short Interest Ratio / Days to Cover

Lytus Technologies Holdings PTV. has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lytus Technologies Holdings PTV. has recently increased by 39.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.35

News Sentiment

Lytus Technologies Holdings PTV. has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Lytus Technologies Holdings PTV. this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for LYT on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lytus Technologies Holdings PTV. insiders have not sold or bought any company stock.

Percentage Held by Insiders

84.90% of the stock of Lytus Technologies Holdings PTV. is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.41% of the stock of Lytus Technologies Holdings PTV. is held by institutions.

LYT Stock Analysis - Frequently Asked Questions

How have LYT shares performed this year?

Lytus Technologies Holdings PTV.'s stock was trading at $6.66 on January 1st, 2024. Since then, LYT stock has decreased by 84.2% and is now trading at $1.05.
View the best growth stocks for 2024 here.

When did Lytus Technologies Holdings PTV.'s stock split?

Lytus Technologies Holdings PTV.'s stock reverse split before market open on Friday, February 23rd 2024. The 1-60 reverse split was announced on Friday, February 23rd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, February 23rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

When did Lytus Technologies Holdings PTV. IPO?

Lytus Technologies Holdings PTV. (LYT) raised $6 million in an initial public offering (IPO) on Wednesday, June 15th 2022. The company issued 2,609,474 shares at $4.75-$0.00 per share.

How do I buy shares of Lytus Technologies Holdings PTV.?

Shares of LYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lytus Technologies Holdings PTV. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lytus Technologies Holdings PTV. investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), AppLovin (APP), Jabil (JBL) and Arista Networks (ANET).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:LYT
• CUSIP: N/A
• CIK: 1816319
• Web: www.lytus.in
• Phone: 284-494-2810
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.05
• Current Ratio: 0.72
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $21.36 million
• Price / Sales: 0.09
• Cash Flow: $0.86 per share
• Price / Cash Flow: 1.22
• Book Value: $10.23 per share
• Price / Book: 0.10

Miscellaneous

• Outstanding Shares: 1,863,000
• Free Float: 281,000
• Market Cap: $1.96 million
• Optionable: Not Optionable
• Beta: 1.79